7 new tax laws to know

Kay Bell, On Wednesday April 7, 2010, 6:00 am EDT
Facing a struggling economy, lawmakers in Washington, D.C., turned to the tax code to help get it, and us consumers, moving again. Most of the tax changes were part of the stimulus package enacted last February, the American Recovery and Reinvestment Act of 2009. There are seven new tax laws you should know, and some old tax laws with new amounts adjusted for inflation.


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Overtaxed fought back

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Overtaxed homeowners start to fight back.
Millions paying property taxes based on value of home before bubble burst....
Stuart Sendell, a retired mortgage banker living in Morristown, N.J., appealed his property assessment — and ultimately lowered his taxes by $5,400 per year.
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